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Avenira Limited Plans Major Securities Issuance
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Avenira Limited Plans Major Securities Issuance

Avenira Limited (AU:AEV) has released an update.

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Avenira Limited has announced a new placement or securities issue, proposing the issuance of 465 million fully paid ordinary shares under the code AEV, with the proposed issue date set for October 31, 2024. This strategic move aims to infuse fresh capital into the company and reflects its growth-oriented outlook.

For further insights into AU:AEV stock, check out TipRanks’ Stock Analysis page.

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